Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Why can't you sell it for some crypto asset and exchange that for cash (obviously this second exchange requires a trusted third party)? Maybe I don't understand your example.

That seems like an issue with cash (no way to enforce you giving me the thing I paid for, and no way for you to enforce me giving you the cash for the item you gave me).

Yes using cash gets rid of the guarantee that the transfer of goods is fully atomic that crypto generally offers. Buying tomatoes at the store has the exact same problem.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: